Category: Insurance Regulatory News

Following is a listing of insurance-related Florida regulatory events for the week of July 12-16, 2010: All times are Eastern Time.  Additional information is available via hyperlink were noted in bold type.    FLORIDA INSURANCE REGULATORY EVENTS      Tuesday, July 13 OIR Rule …

Above:  Baptist Hospital of Miami dedicated a maternity waiting area today, July 9, 2010, in the name of The Dosal Family Foundation, which donated $250,000 to be used toward the purchase of a robotic da Vinci Surgical System.  The Dosal …

  To view a complete story, click on a headline below:   Citizens Property Insurance’s Failure to Sell Entire High-Risk Account Bond Issue Prompts Moody’s Rating Withdrawal Moody’s Investors Service advised on July 7, 2010 that it has withdrawn its …

Moody’s Investors Service (“Moody’s”) advised on July 7, 2010 that it has withdrawn its rating on Citizens Property Insurance Corporation’s (“Citizens”) Senior Secured Bonds Series 2010A-4 Federally Taxable (LIBOR Floating Rate Notes), inasmuch as Citizens had planned to issue four …

    FHCF 2010-2011 Contract Year Rates Effective July 8, 2010 Rule 19-8.028 relating to the Florida Hurricane Catastrophe Fund (“FHCF”) Premium Formula became effective yesterday, July 8, 2010.   The Rule establishes the FHCF Premium Formula and adopts the FHCF …

  Moody’s Investors Service (“Moody’s”) advised on July 7, 2010 that it has withdrawn its rating on Citizens Property Insurance Corporation’s (“Citizens”) Senior Secured Bonds Series 2010A-4 Federally Taxable (LIBOR Floating Rate Notes), inasmuch as Citizens had planned to issue …

The following article was published by The News Service of Florida on July 8, 2010: By MICHAEL PELTIER THE NEWS SERVICE OF FLORIDA THE CAPITAL, TALLAHASSEE, July 8, 2010… Oil flowed throughout state government Thursday as multiple players chimed in …

  To view a complete story, click on a headline below:   Blog:  Postal Service fires back over Citizens story The U.S. Postal Service is less than thrilled with the coverage afforded to the change-of-address story involving Citizens Property Insurance Corp. …

This year’s winners of the Foundation for Fair Civil Justice’s (“FFCJ”) 13th Annual “Wild, Wacky Warning Labels” contest will be selected by studio audience on FOX Business News’ “Stossel,” which airs at 8 p.m. (ET) on Thursday, July 8, 2010. …

  As published in a Notice of Change issued today, July 7, 2010, the Florida Office of Insurance Regulation (“OIR”) has made additional revisions to proposed Rule 69O-137.002 entitled “Model Audit Rule” in response to concerns expressed by the Florida …